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120 W Exchange St
Owosso, MI 48867
Office Property For Sale
Investment Highlights
- Heavy daytime traffic
- Convenient parking
Executive Summary
Great investment opportunity in Downtown Owosso. This three-story office building is currently 67% occupied and is home to 12 different business. The property offers multiple suites available for single office use or companies needing multiple offices, etc. Located in the heart of the Owosso Business District, there is convenient street parking right out front or a public parking lot across the street. Walk-able to area businesses and lunch spots.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
23,676 SF
Building Class
C
Year Built
1920
Price
$695,000
Price Per SF
$29.35
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
7,892 SF
Building FAR
2.86
Lot Size
0.19 AC
Opportunity Zone
Yes
Zoning
Commercial - Zoned B3 Central Business District offering a wide range of qualified uses.
Parking
50 Spaces (4.22 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Conferencing Facility
- Signage
- Bicycle Storage
- Outdoor Seating
- Air Conditioning
- Balcony
Property Taxes
| Parcel Number | 050-470-015-016-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $240,100 |
Property Taxes
Parcel Number
050-470-015-016-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$240,100
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